🔐 Cybersecurity News (Mar 11, 2024):

1️⃣ WOO: The team of the decentralized exchange WOOFi has reported an exploit of the swap service in the L2 network Arbitrum, resulting in a loss of $8.75 million. The hacker borrowed approximately 7.7 million #WOO tokens and other assets through flash loans. 😔

2️⃣ Metaverse Post: Inácio Da Silva Neto, the founder of Braiscompany, and his wife Farias Campos were arrested in Argentina for allegedly running a Ponzi cryptocurrency scheme, causing $400 million in damages to investors from Brazil. In February, the couple was convicted in absentia. The founder of Braiscompany was sentenced to 88 years and seven months, while Farias Campos received a sentence of 61 years and eleven months. 😨

3️⃣ Jito Labs: Jito Labs, the developer of the #Solana client, has announced the shutdown of the mempool due to ongoing #MEV bot attacks. 🛡️

4️⃣ Ethereum Research: #Ethereum already has good capabilities to protect user funds from quantum computers through a simple "recovery fork," according to co-founder Vitalik Buterin. 💡

5️⃣ Scam Sniffer: In February, over 57,000 users fell victim to phishing and lost a total of around $47 million in digital assets. Experts noted that the majority of incidents involved fake accounts on social network X, which left malicious links in comments. 🚫

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